Deals
Princeton Enterprises Nabs Richmond-Area Community
Webster Court in Petersburg traded for roughly $18,750 per unit.
29SC Nabs Second Louisville Community
The firm purchased Willowbrook Apartment Homes, a 112-unit property, from Mulloy Properties for $6 million.
Nitya Capital Acquires 6 Communities in Houston
The transaction marks the largest transaction in the company’s history.
NexPoint Residential Expands Houston Presence by 924 Units
The recently-acquired portfolio presents value-add opportunities.
29SC Acquires Jacksonville Riverfront Community
The new owner plans to rebrand the asset and execute a $2 million renovation plan.
GSP Secures $41M Financing for Colorado Acquisition
The loan for the Class A community in Colorado Springs was provided by Walker & Dunlop.
The Siegel Group Grabs Sin City Apartment Community
The property that will be rebranded as Siegel Suite Boulder III marks the company;s third asset on Boulder Highway.
URS Capital Trades 3 Assets, Nabs 3 More
The New York-based company sold three apartment communities in South Carolina and Florida, and plans to invest in upgrading three other assets it bought during the second half of 2016.
Berkadia Secures $50M in Financing for Cleveland Project
The company secured the loan from Related Fund Management for the development of Centric Apartments, a 272-unit community.